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Seaweed-7B, a cost-effective foundation model for video generation. Our tech report highlights the key designs that significantly improve compute efficiency and performance given limited resources, achieving comparable quality against other industry-level models. To unleash the power of the foundation model, Seaweed-7B further enables a wide range of downstream applications including image-to-video generation, human video generation, subject-consistent video generation, video-audio joint generation, long video generation and storytelling, real-time generation, super-resolution generation, camera controlled generation.